COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010


* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track


Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.

The company had earlier predicted for the license to be granted within the third quarter.

Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.

"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.

CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.

The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.

Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.

CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.

The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.

The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.

"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.

Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...


Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...


Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group. The week was & ...


Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...


Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...


   1264 1265 1266 1267 1268   
Showing 6326 to 6330 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • San Jose City I Power Corp, Philippines
  • Price Waterhouse Coopers - Russia
  • Ambuja Cements Ltd - India
  • UBS Singapore
  • Timah Investasi Mineral - Indoneisa
  • Maersk Broker
  • Interocean Group of Companies - India
  • Orica Australia Pty. Ltd.
  • Mintek Dendrill Indonesia
  • CNBM International Corporation - China
  • Xstrata Coal
  • Banpu Public Company Limited - Thailand
  • Latin American Coal - Colombia
  • Jorong Barutama Greston.PT - Indonesia
  • Mitsui
  • PLN - Indonesia
  • Deloitte Consulting - India
  • Electricity Generating Authority of Thailand
  • Orica Mining Services - Indonesia
  • CIMB Investment Bank - Malaysia
  • Australian Commodity Traders Exchange
  • Eastern Energy - Thailand
  • Trasteel International SA, Italy
  • Kartika Selabumi Mining - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Cebu Energy, Philippines
  • Asian Development Bank
  • Bank of China, Malaysia
  • Vitol - Bahrain
  • Russian Coal LLC
  • GNFC Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Antam Resourcindo - Indonesia
  • SMC Global Power, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Marubeni Corporation - India
  • Videocon Industries ltd - India
  • PTC India Limited - India
  • Jaiprakash Power Ventures ltd
  • SMG Consultants - Indonesia
  • Madhucon Powers Ltd - India
  • IBC Asia (S) Pte Ltd
  • ANZ Bank - Australia
  • GVK Power & Infra Limited - India
  • World Bank
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sojitz Corporation - Japan
  • Cosco
  • Mjunction Services Limited - India
  • OCBC - Singapore
  • Africa Commodities Group - South Africa
  • NTPC Limited - India
  • Britmindo - Indonesia
  • Deutsche Bank - India
  • Merrill Lynch Bank
  • Peabody Energy - USA
  • NALCO India
  • Global Business Power Corporation, Philippines
  • Savvy Resources Ltd - HongKong
  • Edison Trading Spa - Italy
  • Bulk Trading Sa - Switzerland
  • GAC Shipping (India) Pvt Ltd
  • Intertek Mineral Services - Indonesia
  • Japan Coal Energy Center
  • Essar Steel Hazira Ltd - India
  • GB Group - China
  • Kohat Cement Company Ltd. - Pakistan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Independent Power Producers Association of India
  • Wood Mackenzie - Singapore
  • Straits Asia Resources Limited - Singapore
  • Cemex - Philippines
  • Coastal Gujarat Power Limited - India
  • Gupta Coal India Ltd
  • Star Paper Mills Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Credit Suisse - India
  • RBS Sempra - UK
  • Berau Coal - Indonesia
  • Bangkok Bank PCL
  • Malco - India
  • Ind-Barath Power Infra Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Oldendorff Carriers - Singapore
  • Humpuss - Indonesia
  • U S Energy Resources
  • Kumho Petrochemical, South Korea
  • Billiton Holdings Pty Ltd - Australia
  • LBH Netherlands Bv - Netherlands
  • Singapore Mercantile Exchange
  • Agrawal Coal Company - India
  • Adani Power Ltd - India
  • The India Cements Ltd
  • Kobe Steel Ltd - Japan
  • Semirara Mining Corp, Philippines
  • Binh Thuan Hamico - Vietnam
  • Medco Energi Mining Internasional
  • Mercuria Energy - Indonesia
  • Goldman Sachs - Singapore
  • Thomson Reuters GRC
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Standard Chartered Bank - UAE
  • Indorama - Singapore
  • Xindia Steels Limited - India
  • Coalindo Energy - Indonesia
  • Moodys - Singapore
  • Grasim Industreis Ltd - India
  • Vedanta Resources Plc - India
  • World Coal - UK
  • Directorate Of Revenue Intelligence - India
  • Adaro Indonesia
  • Karaikal Port Pvt Ltd - India
  • Sical Logistics Limited - India
  • IEA Clean Coal Centre - UK
  • Wilmar Investment Holdings
  • Indian School of Mines
  • Romanian Commodities Exchange
  • SRK Consulting
  • Thriveni
  • Bukit Baiduri Energy - Indonesia
  • Energy Link Ltd, New Zealand
  • Lafarge - France
  • Meenaskhi Energy Private Limited - India
  • Siam City Cement PLC, Thailand
  • Vizag Seaport Private Limited - India
  • Georgia Ports Authority, United States
  • Cement Manufacturers Association - India
  • SUEK AG - Indonesia
  • Indonesian Coal Mining Association
  • Sucofindo - Indonesia
  • South Luzon Thermal Energy Corporation
  • BNP Paribas - Singapore
  • ING Bank NV - Singapore
  • Tamil Nadu electricity Board
  • Pinang Coal Indonesia
  • Petrosea - Indonesia
  • EMO - The Netherlands
  • Malabar Cements Ltd - India
  • Borneo Indobara - Indonesia
  • Bank of America
  • Argus Media - Singapore
  • Clarksons - UK
  • HSBC - Hong Kong
  • Core Mineral Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • TNPL - India
  • Iligan Light & Power Inc, Philippines
  • Electricity Authority, New Zealand
  • Fearnleys - India
  • Parliament of New Zealand
  • Geoservices-GeoAssay Lab
  • Panama Canal Authority
  • Asia Cement - Taiwan
  • Neyveli Lignite Corporation Ltd, - India
  • Kideco Jaya Agung - Indonesia
  • Mitra SK Pvt Ltd - India
  • ETA - Dubai
  • Renaissance Capital - South Africa
  • IOL Indonesia
  • Chamber of Mines of South Africa
  • Rashtriya Ispat Nigam Limited - India
  • Kepco SPC Power Corporation, Philippines
  • KPCL - India
  • Barclays Capital - USA
  • Commonwealth Bank - Australia
  • Formosa Plastics Group - Taiwan
  • JPower - Japan
  • KPMG - USA
  • CoalTek, United States
  • Aboitiz Power Corporation - Philippines
  • Kobexindo Tractors - Indoneisa
  • SGS (Thailand) Limited
  • Glencore India Pvt. Ltd
  • Globalindo Alam Lestari - Indonesia
  • GHCL Limited - India
  • Thai Mozambique Logistica
  • Samtan Co., Ltd - South Korea
  • Mitsubishi Corporation
  • Jatenergy - Australia
  • PowerSource Philippines DevCo
  • McConnell Dowell - Australia
  • Qatrana Cement - Jordan
  • Bharathi Cement Corporation - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Rudhra Energy - India
  • Thailand Anthracite
  • Sree Jayajothi Cements Limited - India
  • VISA Power Limited - India
  • Maruti Cements - India
  • KEPCO - South Korea
  • Reliance Power - India
  • Mechel - Russia
  • Chettinad Cement Corporation Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • bp singapore
  • globalCOAL - UK
  • Energy Development Corp, Philippines
  • TRAFIGURA, South Korea
  • Ince & co LLP
  • APGENCO India
  • Platou - Singapore
  • TGV SRAAC LIMITED, India
  • CCIC - Indonesia
  • Tata Power - India
  • Ministry of Transport, Egypt
  • SASOL - South Africa
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Riau Bara Harum - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • SN Aboitiz Power Inc, Philippines
  • Sarangani Energy Corporation, Philippines
  • Indonesia Power. PT
  • Shree Cement - India
  • Sinarmas Energy and Mining - Indonesia
  • Infraline Energy - India
  • PNOC Exploration Corporation - Philippines
  • KOWEPO - South Korea
  • Indika Energy - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Indian Energy Exchange, India
  • Attock Cement Pakistan Limited
  • The Treasury - Australian Government
  • CESC Limited - India
  • Coeclerici Indonesia
  • Siam City Cement - Thailand
  • Merrill Lynch Commodities Europe
  • Minerals Council of Australia
  • MS Steel International - UAE
  • Mercator Lines Limited - India
  • Thiess Contractors Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Idemitsu - Japan
  • Bukit Makmur.PT - Indonesia
  • UOB Asia (HK) Ltd
  • ASAPP Information Group - India
  • Coal Orbis AG
  • Baramulti Group, Indonesia
  • Rio Tinto Coal - Australia
  • McKinsey & Co - India
  • PetroVietnam
  • JPMorgan - India
  • Runge Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Enel Italy
  • DBS Bank - Singapore
  • Arch Coal - USA
  • Bhoruka Overseas - Indonesia
  • Gujarat Sidhee Cement - India
  • Petron Corporation, Philippines
  • Bangladesh Power Developement Board
  • Power Finance Corporation Ltd., India
  • Parry Sugars Refinery, India
  • TeaM Sual Corporation - Philippines
  • Kapuas Tunggal Persada - Indonesia
  • GMR Energy Limited - India
  • J M Baxi & Co - India
  • Eastern Coal Council - USA
  • PetroVietnam Power Coal Import and Supply Company
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Maybank - Singapore
  • Kaltim Prima Coal - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Gujarat Mineral Development Corp Ltd - India
  • Gresik Semen - Indonesia
  • Planning Commission, India
  • White Energy Company Limited
  • European Bulk Services B.V. - Netherlands
  • Coaltrans Conferences
  • Ernst & Young Pvt. Ltd.
  • Inco-Indonesia
  • The State Trading Corporation of India Ltd
  • Tanito Harum - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • London Commodity Brokers - England
  • Global Green Power PLC Corporation, Philippines
  • New Zealand Coal & Carbon
  • Cargill India Pvt Ltd
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Barasentosa Lestari - Indonesia
  • Dalmia Cement Bharat India
  • Maheswari Brothers Coal Limited - India
  • Coal and Oil Company - UAE
  • Salva Resources Pvt Ltd - India
  • Meralco Power Generation, Philippines
  • Global Coal Blending Company Limited - Australia
  • Thermax Limited - India
  • ICICI Bank Limited - India
  • Sakthi Sugars Limited - India
  • Permata Bank - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Sindya Power Generating Company Private Ltd
  • Heidelberg Cement - Germany
  • Simpson Spence & Young - Indonesia
  • India Bulls Power Limited - India
  • Pendopo Energi Batubara - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Aditya Birla Group - India
  • WorleyParsons
  • Indian Oil Corporation Limited
  • TANGEDCO India
  • IHS Mccloskey Coal Group - USA
  • Jindal Steel & Power Ltd - India
  • Anglo American - United Kingdom
  • Indogreen Group - Indonesia
  • IMC Shipping - Singapore
  • Larsen & Toubro Limited - India
  • Bhatia International Limited - India
  • Central Java Power - Indonesia
  • Uttam Galva Steels Limited - India
  • Platts
  • Carbofer General Trading SA - India
  • Gujarat Electricity Regulatory Commission - India
  • Central Electricity Authority - India
  • Economic Council, Georgia
  • ACC Limited - India
  • Ministry of Finance - Indonesia
  • Ministry of Mines - Canada
  • Noble Europe Ltd - UK
  • Metalloyd Limited - United Kingdom
  • Bhushan Steel Limited - India
  • BRS Brokers - Singapore
  • Vale Mozambique
  • Pipit Mutiara Jaya. PT, Indonesia
  • Inspectorate - India
  • Freeport Indonesia
  • Altura Mining Limited, Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Total Coal South Africa
  • Maharashtra Electricity Regulatory Commission - India
  • Shenhua Group - China
  • Bayan Resources Tbk. - Indonesia
  • Arutmin Indonesia
  • Coal India Limited
  • Ceylon Electricity Board - Sri Lanka
  • Cigading International Bulk Terminal - Indonesia
  • Cardiff University - UK
  • Alfred C Toepfer International GmbH - Germany
  • Australian Coal Association
  • Krishnapatnam Port Company Ltd. - India
  • Posco Energy - South Korea
  • Makarim & Taira - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Port Waratah Coal Services - Australia
  • OPG Power Generation Pvt Ltd - India
  • PLN Batubara - Indonesia
  • MEC Coal - Indonesia
  • Tata Chemicals Ltd - India
  • Therma Luzon, Inc, Philippines
  • Samsung - South Korea
  • Lanco Infratech Ltd - India
  • The University of Queensland
  • Surastha Cement
  • EIA - United States